Two persons were arrested on Friday with fake currency notes having face value of Rs 1.95 lakh in Varanasi. On a tip off, an ATS team arrested Sattar Ansari and Danish Ansari, hailing from Ranchi, carrying fake currency notes in the denomination of Rs 500 and Rs 1,000, from near the Roadways bus station in Sigra police station area, according to a statement issued by ATS.

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On being interrogated, the accused told the police that they had boarded a bus from Ranchi last night for distributing the counterfeit notes to their contacts in Varanasi today.

A case has been registered in this connection, the statement said, adding, important inputs about the gangs involved in the racket and their network have been received in the interrogation.